GCMAsia-GBPUSD

GBPUSD
2020-06-09

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.2640. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2785, 1.2950
Support level: 1.2640, 1.2510